by Rajesh Kumar Singh from https://www.reuters.com CHICAGO (Reuters) – An activist investor who shook up Harley-Davidson Inc (HOG.N) earlier this year said he is impressed with the changes initiated by new Chief Executive Jochen Zeitz to turn around the 117-year-old motorcycle company. Impala Asset Management, the $2.4 billion hedge fund, pushed for the ouster of […]
Harley’s activist investor backs business reboot strategy Read More »
from https://timesofindia.indiatimes.com LONDON: Royal Enfield has made deep inroads in the UK market two of its popular and purpose-built motorcycles – Interceptor 650 and Himalayan. The Royal Enfield Interceptor 650 is the best selling motorcycle in the UK for June 2020 (in the more than 125-cc category) while the Interceptor 650 is the highest selling
Royal Enfield captures UK motorcycle market with Interceptor, Himalayan Read More »
Alerts and News that Will Blow Your Mind! Hey, This coming week is going to be a strange one. I know the whole world is trying to grapple with this Covid mess, while I hide out in the Badlands surrounded by peace and nirvana, deer and pine trees. We are still two weeks from the
The Travelers Bikernet Weekly News for July 23, 2020 Read More »
by Christiana Sciaudone from https://www.investing.com/ Harley-Davidson (NYSE:HOG) has swayed yet another analyst that a turnaround will bear fruit. Shares are up 4.5% on Wednesday after UBS followed BMO Capital in upgrading the motorcycle maker. UBS bumped its rating to buy from neutral and gave Harley-Davidson a price target of $31, Seeking Alpha reported. The average
Harley-Davidson Racks Up Buy Ratings on Bets New CEO Can Turn Things Around Read More »
by Christiana Sciaudone from https://www.investing.com Harley-Davidson (NYSE:HOG) shares rose 5% after an upgrade by BMO Capital. HOG was raised to outperform from market perform by analyst Gerrick Johnson, who also boosted his price target to $33 from $23, MarketWatch reported. The average price target is $26.75, while the highest is $34, according to data compiled
Harley-Davidson Rallies on BMO Upgrade, Expected Turnaround Read More »
by Sabrina Giacomini from https://www.rideapart.com Rising from the ashes. To say that 2020 has been an eventful year so far is an understatement. “2020, written by Stephen King” is probably the best description of this year’s events we found so far. Of course, with a pandemic forcing most of the global population into lockdown, the
Motorcycles Sales Bounce Back Post Pandemic Slump Read More »
Compiled & Edited by Bill Bish QUOTABLE QUOTE: “If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb
NCOM Biker Newsbytes June 2020 Read More »
It’s Crazy but We Will Survive Hey, Another wonderful day in paradise. I joke about the adage from the India-based movie “The Best Exotic Marigold Hotel.” Great flick: Everything will be all right in the end. If it’s not all right, it’s not the end. Think about that anytime you’re in a jam. Think about
The Escape Bikernet Weekly News for June 18, 2020 Read More »
by Bill Roberson from https://www.forbes.com/ Iconic American motorcycle maker Harley-Davidson [HOG] continues to struggle. The company will move off the S&P 500 in the next week and will land on Standard and Poor’s MidCap 400 list of stocks instead, according to the Milwaukee Journal Sentinel. Clothier Nordstrom Inc. and Alliance Data Systems Corp. will also
Harley-Davidson To Drop From S&P 500 As Coronavirus Batters Struggling Motorcycle Maker Read More »
It’s Nuts with News from all the Wheels ANOTHER CRAZY DAY IN PARADISE—Nothing makes any sense, but there you have it. It’s all going to be so interesting as the country comes to grips with what’s going on in the streets. Do you want law and order or pandemonium? I need to start working on
Pandemonium Bikernet Weekly News for June 4, 2020 Read More »
All 50 states are now in various stages of reopening, and along with restrictions being lifted and the COVID-19 curve flattening, hopes for more normalcy are high; and none higher than amongst the motorcycling community. Most industries have been hit hard by the global pandemic, and motorcycle sales and production have been among the most
NCOM Biker Newsbytes May 2020 Read More »
Say a Prayer for the Brothers and Sisters who Fought for Freedom Hey, This is one of those strange holidays. It’s at a time of the year when the party lamps are lite. On the other hand, it’s a time of thought and prayer for those who died in battle. We have a tremendous amount
Memorial Day Bikernet Weekly News for May 21, 2020 Read More »
from https://www.gurufocus.com SVP & CFO of Harley-davidson Inc (30-Year Financial, Insider Trades) John A Olin (insider trades) bought 13,500 shares of HOG on 05/13/2020 at an average price of $19.02 a share. The total cost of this purchase was $256,770. Harley-Davidson Inc produces and sells heavyweight motorcycles, as well as offers motorcycle parts, accessories, and
Harley-Davidson Inc (HOG) SVP & CFO John A Olin Bought $256,770 of Shares Read More »
Some ups and downs… I completely understand the need not to overwhelm our medical industry. And recently the Sturgis Rally discussion surfaced. One report worried that all the decision makers had solely financial cards in play and that the decision might be forced in one direction, to make money off the rally. I said the
The Mysterious Bikernet Weekly News for May 14, 2020 Read More »
by Justin Hughes from https://www.rideapart.com Why refocus the brand on capturing a rapidly shrinking demographic? Earlier this week we reported on Harley-Davidson’s latest change in direction: to abandon some of their more ambitious ideas and focus on growing the core brand, with their core bikes, in the US. While models like the LiveWire, Bronx, and
Harley’s New Rewire Strategy Is A Bad Idea Read More »
by Pradeep Shah from https://www.financialexpress.com Aprilia RS660 will soon be making an official entry to the markets soon and the latest spy shot reveals a lot of interesting details Aprilia’s middleweight supersport – the RS660 has been snapped testing doing test runs, image courtesy Aprilia Forum. What is even more interesting is the fact that
Aprilia RS660 Supersport spotted testing undisguised Read More »
Life is Amazing, but a lot of Events are Cancelled Hey, Is life wonderful or not. As we roll into May, more bored folks are coming up with wild conspiracy theories regarding the Covid attack, from political twists to Chinese takeovers. I’m too busy repairing the Salt Torpedo, working on the expanding headquarters in Deadwood,
Magnificent Bikernet Weekly News for April 30, 2020 Read More »
from https://www.livemint.com The company’s shares climbed after the motorcycle maker’s new acting chief executive officer laid out plans to cut costs The stock had plunged 49% this year through Monday’s close Harley-Davidson Inc. shares climbed after the struggling motorcycle maker’s new acting chief executive officer laid out plans to cut costs and complexity and focus
Harley-Davidson shifts strategy, to focus on core markets Read More »
by Ankit Ajmera from https://www.reuters.com (Reuters) – Harley-Davidson Inc (HOG.N) slashed its dividend and halted share buybacks on Tuesday to boost its cash reserves as global lockdowns due to the coronavirus pandemic hit motorcycle demand in the first quarter. The company has $1.47 billion in cash and is in talks with big U.S. banks to
Harley-Davidson cuts dividend, halts buybacks to preserve cash Read More »
by Pradeep Shah from https://www.financialexpress.com China-made Brixton 1200 cleared for production: 1200cc modern classic has Bonneville T120 in its sights! About the new 1200cc model, Brixton says that it “shows the way of Brixton Motorcycles into even higher capacity classes and proves the development competence of our brand.” Brixton 1200 – a 1200cc modern classic
China-made Brixton 1200 cleared for production Read More »
It’s just life and it’s inspirational the Human Spirit By Bandit, Rogue Wayfarer, Barry Green, Bob T., Sam Burns, the Redhead, Laura, Andreas, Gearhead and the rest of the crew# Hey, I love all the doom and gloom, the blame and the conspiracy theories. As you will see, Joe Smith sent us some damn interesting
The Bright Light Bikernet Weekly News for April 23, 2020 Read More »
from https://auto.economictimes.indiatimes.com The coronavirus pandemic has sparked a surge in bike sales across the United States, according to a major manufacturer and a half dozen retailers interviewed by Reuters. “I’m 51 and healthy, but I don’t want to get on the subway,” said John Donohue, a Brooklyn-based artist who bought a bike two weeks ago.
Wary of public transport, coronavirus-hit Americans turn to bikes Read More »
by Dustin Wheelen from https://www.rideapart.com Even before the World Health Organization declared COVID-19 a pandemic on March 11, 2020, many financial experts were speculating on the impact of the global crisis. Once motorcycle manufacturers and dealerships closed their doors to observe social distancing orders and promote public safety, we knew that the market could undergo
Global Motorcycle Sales In Free Fall Due To COVID-19 Read More »
by Margaret Naczek from https://www.bizjournals.com Amid the instability of the COVID-19 pandemic, Harley-Davidson Inc.’s acting president and CEO Jochen Zeitz reflected back on the advancements made in the More Roads to Harley-Davidson strategy in 2019. 2020 already was a pivotal year in the company’s strategic plan to grow more riders and expand dealership reach, but
